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US will ‘do whatever it takes’ to curb China tech, Raimondo says
The US could further tighten controls on China’s access to sophisticated semiconductor technologies, Commerce Secretary Gina Raimondo said, signaling Washington may intensify its campaign to…
Secretary Raimondo’s meeting with the Advisory Committee on Supply Chain Competitiveness
Yesterday, Secretary of Commerce Gina Raimondo met virtually with the Advisory Committee on Supply Chain Competitiveness (Committee) for the first time since being rechartered in…
February 2024 U.S. transportation sector unemployment rises above the February 2023 Level
The unemployment rate in the U.S. transportation sector was 5.9% (not seasonally adjusted) in February 2024 according to the Bureau of Labor Statistics (BLS).
Global trade struggles to bounce back from 2023 slump, WTO says
Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive industry is softening, the World Trade…
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Chairman Graves Statement on the State of the Union
Transportation and Infrastructure Committee Chairman Sam Graves (R-MO) statement following the President’s State of the Union address:
Euro area’s failure to grow was down to year-end trade slump
The euro-area economy’s failure to expand in the fourth quarter was down to a plunge in trade.
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Foxconn to shed light on Chinas tech manufacturing sector as iPhone headwinds mount
Foxconn Technology Group’s public arm Hon Hai Precision Industry Co. will headline an earnings week that should offer insights into the outlook for China’s tech…
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Huawei chip breakthrough used tech from two US gear suppliers
Huawei Technologies Co. and its partner Semiconductor Manufacturing International Corp. relied on US technology to produce an advanced chip in China last year, according to…
CBP officers, agriculture specialists intercept howler monkeys at Brownsville and Matamoros International Bridge
U.S. Customs and Border Protection officers and agriculture specialists at the Brownsville and Matamoros International Bridge intercepted two live howler monkeys in a vehicle in…
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US trade deficit widens to largest since April on higher imports
The US trade deficit widened in January by more than forecast, driven by a pickup in the value of imports while exports were little changed.